Oil Down Drain Draws $300K Fine
Heartland Automotive Services Inc., the largest U.S. Jiffy
Lube franchisee, issued a public apology and will pay $300,000 in fines after
pleading guilty to three misdemeanor charges of discharging oil into the
Austin, Texas, sewer system.
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API Votes CG-4 Off the Island
API CG-4 is headed for the graveyard of obsolete engine oils. The American Petroleum Institute's Lubricants Committee has voted to discontinue licensing products against the diesel engine oil category, and effective Aug. 31, 2009, no products can claim they are licensed to the 14-year-old specification.
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Calumet Pays $230K Clean Air Fine
Calumet Shreveport LLC agreed to pay $230,000 to resolve
Clean Air Act violations stemming from an October incident at its Midway Street Lubricants facility in Shreveport, La., the Environmental Protection Agency said last week.
[FULL STORY]
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Oil Leak Sparks GM Recall
Risk of an engine fire from leaking motor oil this week prompted General Motors to recall a total of nearly 1.5 million model year 1997 to 2003 Buicks, Chevrolets, Oldsmobiles and Pontiacs.
[FULL STORY]
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Lubes Reactor Blows
A reactor used for making lubricants exploded Sunday evening
at a SantoLubes plant in St. Charles, Mo., injuring an employee and starting a
two-alarm blaze that gutted the building before firefighters extinguished it
more than two hours later.
[FULL STORY]
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Tri-County Buys Loos’ Lubes
Tri-County Petroleum Inc. has acquired the automotive
division of Loos and Dilworth Inc. and Loos and Dilworth Co. from shareholders
Rick Campbell and Gregg Draper. Terms were not disclosed.
[FULL STORY]
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WD-40 Sales, Earnings Hit Speed Bump
WD-40 Co. reported net income of $4.1 million for its second quarter ending Feb. 28, down 52.9 percent from the same quarter in 2008.
[FULL STORY]
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U.S. Base Oil Price Report
It was a fairly quiet week for trade in the U.S. base oil arena. Producers appear to be sizing up the supply/demand situation while contemplating improving margins going forward. Buyers, meanwhile, are holding out for good deals. Whether there are suppliers still willing to offer steeply discounted prices remains unclear.
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Europe-MidEast-Africa Base Oil Price Report
Europe’s base oil market remained quiet this week. It was difficult to realise any changes in the pricing bands established in the region from last week, with API Group I solvent neutrals in the range of $430 to $465 per metric ton, basis FOB.
[FULL STORY]
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SSY Base Oil Shipping Report
It has been another week of intense activity on routes into Asia from Europe, the United States and Middle East, and freights have climbed even higher. The magnitude of material being shipped however has caused some debate as to how much longer this can continue.
[FULL STORY]
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